Mexican Peso slips from multi-year lows, reacting to optimistic US growth figures and labor market resilience. Strong US GDP growth in Q4 2023 and a robust labor market boosted the US Dollar, a headwind for the Mexican currency. Fed’s Waller remains hawkish, adhering to the…

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Top Republican officials have begun making some of their most overt calls yet for the party to better embrace early voting and vote-by-mail options. In recent TV appearances, memos to keyed-in party officials and public statements, GOP operatives and party leaders have pushed to clear the fog of past statements by Donald Trump casting doubt and discouraging Republicans from voting any other way but on Election Day. “We’ll have early voting…

Vidalia Mills in Vidalia, Louisiana, is the first and only mill in the world to embed a unique digital tracker into its plant-based cotton fibers. It’s a safe tracing technology similar to that used in pharmaceuticals and is made from a non-petroleum-based cellulose or sugar. This is a way of…

Consumer sentiment has rebounded sharply, but the retail “vibe-cession” is likely to linger through 2024, which isn’t all bad news. A year ago this June, the mood of the U.S. consumer was in the cellar, hitting a 70-year low, according to the widely followed University of Michigan Consumer Sentiment survey.…

POLITICS

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House Oversight Chairman James Comer officially invited President Joe Biden to testify at a public hearing as House Republicans look revive interest in their stalled impeachment inquiry into the president – even as the White House has shot down the move as “a sad stunt.” Comer suggested the hearing occur April 16, but said he was willing to negotiate with the White House on a date that worked with the president’s schedule. “Comer knows 20+ witnesses have testified that POTUS did nothing wrong. He knows that the hundreds of thousands of pages of records he’s received have refuted his false allegations,” White House spokesperson Ian Sams posted on X last week…

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Investing

In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it is spending $18.3 billion to buy SRS Distribution, a huge building-projects supplier that counts professional roofers, landscapers and pool contractors as its…